SOLD
Sold on 08 Oct 2024 for $2,900,000

58 Gindurra Road
Somersby NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 120m2
Land area: 8000m2
Sold By
Clearpoint
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Property Details for 58 Gindurra Rd, Somersby

Building Type
Commercial
Floor Size
120m2
Land Size
8000m2
Local Government
Central Coast
Lot/Plan
3/DP826843

Last Listing description (September 2015)

5,734sqm industrial land for sale with sound long term tenant

:: Land area of 5,734sqm zoned 1A Industrial

:: Two minutes from M1 Sydney to Newcastle
:: Improvements of approx 250sqm plus 18 carspaces
:: Huge scope to add to lettable area
:: Strongly established tenant in place since 1997
:: Ignite Energy Resources; clean coal & renewable energy
:: New 3 + 3 year net lease from 1 June 2014 with strong return
:: Call agent for Information Memorandum and net rents
:: Vendor liquidation, excellent opportunity

Call Rhys Donnellan 0418 486 709 today for more details

Property History for 58 Gindurra Rd, Somersby, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$2,900,000
08 Oct 2024
  • 08 Oct 2024
    Sold for $2,900,000
  • 08 May 2024
    Sold
  • 13 Jun 2015
    Listed for Sale Hot Investment
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About Somersby 2250

The size of Somersby is approximately 81 square kilometres. It has 12 parks covering nearly 41.4% of total area. The population of Somersby in 2011 was 980 people. By 2016 the population was 1,066 showing a population growth of 8.8% in the area during that time. The predominant age group in Somersby is 50-59 years. Households in Somersby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Somersby work in a managers occupation. In 2011, 73.8% of the homes in Somersby were owner-occupied compared with 72.3% in 2016.

Somersby has 978 properties. Over the last 5 years, Houses in Somersby have seen a 39.01% increase in median value. As at 30 November 2024:

  • The median value for Houses in Somersby is $2,124,569 while the median value for Units is $1,127,097.
  • Houses have a median rent of $698.
There are currently 11 properties listed for sale, and 17 properties listed for rent in Somersby on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Somersby.

Suburb Insights for Somersby 2250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.